Seiwa Holdings Co (TSE:523A) ROC (Joel Greenblatt) %: 32.35% (As of May. 2026) — 31% Above Median

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TSE:523A Seiwa Holdings Co Ltd TSE:523A
15 GF Score
Price 円1,754.00
! 1 Warning Sign
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What is Seiwa Holdings Co ROC (Joel Greenblatt) %?

Seiwa Holdings Co TSE:523A -5.14% 15 ROC (Joel Greenblatt) % is 32.35% as of May. 2026, which is 31% above its 10-year median of 24.75. GuruFocus rates TSE:523A with a GF Score™ of 15/100. The stock has 1 warning sign investors should review. Among 1,076 Business Services companies, Seiwa Holdings Co ranks better than 67.47% on this metric.

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Seiwa Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2026 was 32.35%.

The historical rank and industry rank for Seiwa Holdings Co's ROC (Joel Greenblatt) % or its related term are showing as below:

TSE:523A' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 21.57   Med: 24.75   Max: 45.84
Current: 44.73

During the past 4 years, Seiwa Holdings Co's highest ROC (Joel Greenblatt) % was 45.84%. The lowest was 21.57%. And the median was 24.75%.

TSE:523A's ROC (Joel Greenblatt) % is ranked better than
67.47% of 1076 companies
in the Business Services industry
Industry Median: 21.8 vs TSE:523A: 44.73

Seiwa Holdings Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Seiwa Holdings Co  (TSE:523A) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Seiwa Holdings Co ROC (Joel Greenblatt) % Related Terms


Seiwa Holdings Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Seiwa Holdings Co's ROC (Joel Greenblatt) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Seiwa Holdings Co ROC (Joel Greenblatt) % Chart

Seiwa Holdings Co Annual Data
Trend May23 May24 May25 May26
ROC (Joel Greenblatt) %
0.00 21.57 24.75 45.84

Seiwa Holdings Co Semi-Annual Data
May23 May24 Nov24 May25 Nov25 May26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial 0.00 32.96 17.98 56.67 32.35

TSE:523A vs CTAS, CPRT, GPN: ROC (Joel Greenblatt) % Comparison

For the Specialty Business Services subindustry, Seiwa Holdings Co's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Seiwa Holdings Co ROC (Joel Greenblatt) % vs Business Services Industry

For the Business Services industry and Industrials sector, Seiwa Holdings Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Seiwa Holdings Co's ROC (Joel Greenblatt) % falls into.


TSE:523A
15GF Score
Seiwa Holdings Co Ltd TSE:523A
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Seiwa Holdings Co ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Nov. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 477 + 99) - (847 + 0 + 750)
=-1021

Working Capital(Q: May. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 504 + 146) - (970 + 0 + 618)
=-938

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Seiwa Holdings Co for the quarter that ended in May. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: May. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2025  Q: May. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1138/( ( (3551 + max(-1021, 0)) + (3484 + max(-938, 0)) )/ 2 )
=1138/( ( 3551 + 3484 )/ 2 )
=1138/3517.5
=32.35 %

Note: The EBIT data used here is two times the semi-annual (May. 2026) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a ROC (Joel Greenblatt) % of 32.35% mean?
Seiwa Holdings Co (TSE:523A) has a ROC (Joel Greenblatt) % of 32.35% as of May. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Seiwa Holdings Co and its competitors. This is 31% above median its historical median of 24.75. Over the past decade, Seiwa Holdings Co's ROC (Joel Greenblatt) % has ranged from 21.57 to 45.84. According to the industry distribution chart, Seiwa Holdings Co ranks #350 out of 1076 companies in the Business Services industry, placing it in the top 32.5%.
Is Seiwa Holdings Co's ROC (Joel Greenblatt) % too high?
Seiwa Holdings Co's current ROC (Joel Greenblatt) % of 32.35% is 31% above median its 10-year median of 24.75. Over the past 10 years, this metric has ranged from a low of 21.57 to a high of 45.84. The Business Services industry median ROC (Joel Greenblatt) % is 21.80. Seiwa Holdings Co's value of 32.35% is 48.4% above this industry median. Based on the distribution chart, Seiwa Holdings Co ranks #350 out of 1076 companies in the Business Services industry, which is above the industry midpoint. Overall, Seiwa Holdings Co has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Seiwa Holdings Co's ROC (Joel Greenblatt) % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Seiwa Holdings Co ranks #350 out of 1076 companies for ROC (Joel Greenblatt) %. This puts Seiwa Holdings Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 21.80. Seiwa Holdings Co's value of 32.35% is 48.4% above this benchmark. Historically, Seiwa Holdings Co's own ROC (Joel Greenblatt) % has ranged from 21.57 to 45.84 over the past decade. While the company's 10-year median is 24.75 vs. the industry median of 21.80, Seiwa Holdings Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for a Business Services company?
The median ROC (Joel Greenblatt) % among Business Services companies is 21.80, based on 1,076 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Seiwa Holdings Co's current ROC (Joel Greenblatt) % of 32.35% is 48.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Seiwa Holdings Co and its competitors. For the Business Services industry, the median ROC (Joel Greenblatt) % is 21.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seiwa Holdings Co's current ROC (Joel Greenblatt) % is 32.35%, which is 31% above median its own 10-year median of 24.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seiwa Holdings Co stock overvalued right now?
Seiwa Holdings Co (TSE:523A) has a current ROC (Joel Greenblatt) % of 32.35%. The current ROC (Joel Greenblatt) % is 32.35%, which is 31% above median its 10-year median of 24.75 and 48.4% above the Business Services industry median of 21.80. Seiwa Holdings Co's overall GF Score™ is 15/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Seiwa Holdings Co (TSE:523A), the current ROC (Joel Greenblatt) % is 32.35% as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Seiwa Holdings Co Business Description

Address 1-8-11 Nishiki, Naka-ku Nagoya, Aichi Prefecture, DP Square Nishiki 2nd floor, Nagoya, JPN, 460?0003
Seiwa Holdings Co Ltd is focused on the promotion of business succession in the manufacturing sector, and Group management through platformization.
15GF Score

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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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